Car insurance...

mani · 05-02-2007, 16:58

can anyone here explain how one insurer can quote 675 for a years insurance and another quote over 4500?!

i mean surely in the end the same company insures everything

they cant be gettin that much profit can they?!

WillowTheWhisp · 05-02-2007, 17:01

Not sure what you mean by the same company insures everything but that is one heck of a difference there!

***Mr D*** · 05-02-2007, 17:20

Quote:

Originally Posted by mani

can anyone here explain how one insurer can quote 675 for a years insurance and another quote over 4500?!

i mean surely in the end the same company insures everything

they cant be gettin that much profit can they?!

There are many different Insurance companies.

It does not all go into one pot, a lot are part of a group though.

Ie The Royal Bank of Scotland Group, Have the likes of NIG, Direct Line, Churchill, Devitt. as a quick example.

Was it Norwich Union who quoted you.

they are renown for it.

mani · 05-02-2007, 17:36

yeah the 4.5K was norwich - its just ridiculous

and to think ppl pay it aswell!!!

i was meanin at the end even those companies are insured by lloyds of london - all insurance groups are

shillelagh · 05-02-2007, 18:08

When i was looking for car insurance norwich union direct was cheapest! well for me anyway

entwisi · 05-02-2007, 19:13

its a way of politely tell you to go forth!

Quite simply, you don't fit the demograph that they want as customers.

chav1 · 05-02-2007, 19:41

see if they have a we will match any offer and reard you 50 quid deal or somthing , it would serve them right if you could take advantage of it

K.S.H · 05-02-2007, 20:13

Have you tried www.confused.com ?

You'll find most insurance brokers use the same insurance company, MMA seems to be the most popular, they must get it cheaper the more policy's they buy, hence difference in quotes from company's - PS, dont try going direct, you cant, I already tried that one

panther · 05-02-2007, 20:23

churchill?? worth a try

yerself · 06-02-2007, 11:27

Quote:

Originally Posted by K.S.H

PS, dont try going direct, you cant, I already tried that one

You're right there K.S.H. I went on the confused .com site, got a quote and thought, 'I'll be clever here and go direct, cut out the middle man.' No chance, going direct was 300 quid more expensive.

pendy · 06-02-2007, 14:45

I am 60, I have never had an accident that I caused (run into the back of once), and have a totally clean licence. Bought an old car for £450 - best quote I could get for insurance was over £500!!! - how can they justify a premium more than the value of the car, for goodness sake? Whatever happened, I'd never get my money back on that basis.

John_Timmins · 06-02-2007, 14:52

cause they hae to cover the cost of you running into the back of a bentley theres not just your car on the road

looking at about a grand for my insurance!!!

AccyJay · 06-02-2007, 19:58

Quote:

Originally Posted by panther

churchill?? worth a try

I was with "Churchill" once. They are really bad when they have to pay out.

It took nearly 3 months for me to have my claim sorted. What a joy, three months without a car.

Sara · 06-02-2007, 21:16

Best quote we had this year was Endsleigh.com. They have used HSBC went to them direct and it was a lot dearer then endsleigh.

mani · 06-02-2007, 22:22

bladdy hell

over a grand? what was the value of the car john?! a damned bentley continentel GT?!

i've had my £15,000 insured for 675!

that confused.com website is just magic though - saves so much faffing around